For Sale3d on marketHistoric · 100 yrs
722 Seminary St
Rockford, IL, 61104 • Old Rockford College • Winnebago County
$320,000
$134/sqft
Down payment assistance available
2,380Sqft
1926Built
Property DNA
Character Home
Built 1926 · 100 years of history
IL
Old Rockford College
3d on Market
Listed Apr 6, 2026
This home is getting attention
Listed 3 days ago · 218 views · 8 saves
Market activity
Demand and pricing signals for this listing
218 views
People checking out this listing
8 saves
Buyers have saved this home
3 days on market
Just listed — act fast
$134/sqft
Price per square foot
About this home
Multi Family · Built 1926 · Historic
Turnkey Furnished Rental Portfolio – Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants, generating approximately $115,200 in effective gross income and an estimated Net Operating Income of $100,680. All units are fully furnished, consistently occupied, and supported by excellent tenant reviews, reflecting the quality and care put into the property. Well-maintained and professionally managed, this asset offers a true turnkey, plug-and-play investment with immediate cash flow. Property is being sold as a package deal along with 712 Seminary Street and 718 Seminary Street.
Estimated monthly payment
Based on current rates
$1,995/month
Principal & Interest$1,569
Property Tax$320
Insurance$107
Down payment20% ($64,000)
3%50%
Est. 6.20% rate · 30yr fixed · $256,000 loan
Full calculator →At a glance
Key facts and listing details
Type2 Units
Year Built1926
HeatingForced Air, Natural Gas
CoolingNone
Parking2 Covered Parking spaces
Days on Zillow3 Days
Price/sqft$134
Property
Home typeMulti Family
Sub-type2 Units
Year built1926
Stories2
Systems
HeatingForced Air, Natural Gas
CoolingNone
RoofShingle
ConstructionBrick/Stone
Water / SewerCity / City
Parking & Outdoor
ParkingAdditional Parking
Garage2 spaces
BasementFull
Location & Tax
NeighborhoodOld Rockford College
ZoningR1
Annual tax$2,138
Parcel1126178025
Features & details
8 categories of property features
Interior Features
Appliances
Dryer
Microwave
Refrigerator
Stove/Cooktop
Natural Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
None
Laundry
Common Area
Exterior Features
Parking
Additional Parking
Construction
Brick/Stone
Community
Storage Area
Utilities
Separate Utilities
Listing insights
Market data and value estimates
StatusFor Sale
Days on market3
Est. value$121,300
Est. rent$1,134/mo
Tax rate2.31%
Price/sqft$134
On marketApr 6, 2026
PostedApr 6, 2026
Last sold$85,000
MLS updatedApr 7, 2026
Tour days9
Views218
Favorites8
How are the schools in Rockford?
3 schools rated nearby
Location
Rockford, IL, 61104
Price history
8 events
DateEventPrice$/sqftSource
Apr 6, 2026Listed For Sale$320,000$134NorthWest Illinois Alliance of REALTORS®
Oct 8, 2021Sold$85,000$36NorthWest Illinois Alliance of REALTORS®
Aug 9, 2021Pending Sale$95,000$40NorthWest Illinois Alliance of REALTORS®
Aug 3, 2021Listed For Sale$95,000$40NorthWest Illinois Alliance of REALTORS®
Feb 22, 2016Sold$30,550$13MRED as distributed by MLS GRID
Jan 27, 2016Pending Sale$29,900$13Key Realty Inc
Jan 15, 2016Price Change$29,900$13Key Realty, Inc
Jun 23, 2010Listed For Sale$84,900$36CENTURY 21 Affiliated
Listed For Sale$320,000
Apr 6, 2026•$134/sqft•NorthWest Illinois Alliance of REALTORS®
Sold$85,000
Oct 8, 2021•$36/sqft•NorthWest Illinois Alliance of REALTORS®
Pending Sale$95,000
Aug 9, 2021•$40/sqft•NorthWest Illinois Alliance of REALTORS®
Listed For Sale$95,000
Aug 3, 2021•$40/sqft•NorthWest Illinois Alliance of REALTORS®
Sold$30,550
Feb 22, 2016•$13/sqft•MRED as distributed by MLS GRID
Pending Sale$29,900
Jan 27, 2016•$13/sqft•Key Realty Inc
Price Change$29,900
Jan 15, 2016•$13/sqft•Key Realty, Inc
Listed For Sale$84,900
Jun 23, 2010•$36/sqft•CENTURY 21 Affiliated
Tax history
20 years of records
YearTax paidAssessed value
Apr 10, 2024$2,138$22,556
Apr 10, 2023$2,065$19,889
Apr 10, 2022$1,848$16,175
Apr 10, 2021—$12,620
Apr 10, 2020$1,534$11,930
Apr 10, 2019$1,523$11,370
Apr 10, 2018$1,515$10,614
Apr 10, 2017$1,507$10,158
Apr 10, 2016$1,507$9,967
Apr 10, 2015$1,506$14,243
Apr 10, 2014$2,179$11,834
Apr 10, 2009$2,377$24,098
Apr 10, 2007—$22,309
Apr 10, 2006—$16,951
Apr 10, 2005—$16,182
Apr 10, 2004—$16,089
Apr 10, 2003—$16,761
Apr 10, 2001—$11,940
Apr 10, 2000—$11,184
Apr 10, 1999—$11,184
Nearby homes
Neighborhood details
Local context around this listing
Rockford, IL • Winnebago County
Nearby neighborhoods
Coronado HaskellCunningham StreetEdgewaterHighlandJackson OaksKeith CreekMidtownNorth End SquareSignal HillWest Gateway
Nearby cities
CaledoniaCherry ValleyLoves ParkMachesney ParkPecatonicaRockfordRocktonRoscoe
Nearby zip codes
61101611026110361104611056110761108611096111261114
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